Call reports 2016
WASHINGTON TRUST BANK — 2016
What WASHINGTON TRUST BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 5,084,904,000 | 5,168,059,000 | 5,368,746,000 | 5,664,658,000 |
| Total loans | 3,548,741,000 | 3,687,401,000 | 3,738,649,000 | 3,785,076,000 |
| Allowance for loan losses | 84,399,000 | 85,378,000 | 86,403,000 | 85,787,000 |
| Securities available for sale | 810,345,000 | 782,444,000 | 796,123,000 | 931,788,000 |
| Securities held to maturity | 479,363,000 | 456,420,000 | 397,957,000 | 452,029,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 4,405,737,000 | 4,494,113,000 | 4,643,776,000 | 4,927,938,000 |
| Interest-bearing deposits | 2,659,088,000 | 2,662,097,000 | 2,764,389,000 | 2,895,243,000 |
| Noninterest-bearing deposits | 1,746,649,000 | 1,832,016,000 | 1,879,387,000 | 2,032,695,000 |
| Equity capital | 473,986,000 | 487,614,000 | 494,236,000 | 487,349,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 44,410,000 | 90,265,000 | 137,548,000 | 185,487,000 |
| Interest expense | 988,000 | 1,953,000 | 2,937,000 | 3,938,000 |
| Net interest income | 43,422,000 | 88,312,000 | 134,611,000 | 181,549,000 |
| Noninterest income | 11,108,000 | 22,499,000 | 35,227,000 | 47,533,000 |
| Noninterest expense | 35,921,000 | 70,834,000 | 107,977,000 | 147,761,000 |
| Provision for loan losses | 500,000 | 1,000,000 | 1,750,000 | 2,250,000 |
| Pretax income | 18,731,000 | 39,944,000 | 61,078,000 | 80,072,000 |
| Income tax | 6,451,000 | 13,858,000 | 21,241,000 | 27,917,000 |
| Net income | 12,280,000 | 26,086,000 | 39,837,000 | 52,155,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 494,013,000 | 505,905,000 | 514,241,000 | 524,157,000 |
| Total capital | 545,719,000 | 559,760,000 | 568,759,000 | 580,475,000 |
| Risk-weighted assets | 4,102,756,000 | 4,275,862,000 | 4,328,577,000 | 4,474,979,000 |